TECHNOLOGY RISK MANAGEMENT GUIDELINES

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Monetary Authority of Singapore TECHNOLOGY RISK MANAGEMENT GUIDELINES JUNE 2013 TECHNOLOGY RISK MANAGEMENT GUIDELINES JUNE 2013 MONETARY AUTHORITY OF SINGAPORE 2 TABLE OF CONTENTS 1 INTRODUCTION ........................................ ........................................ ................................. 4 2 APPLICABILITY OF THE 5 3 OVERSIGHT OF TECHNOLOGY risks BY BOARD OF DIRECTORS AND SENIOR MANAGEMENT ........................................ ........................................ .................................. 6 Roles and Responsibilities ........................................ ........................................ ....... 6 IT Policies, Standards and procedures .

TECHNOLOGY RISK MANAGEMENT GUIDELINES JUNE 2013 MONETARY AUTHORITY OF SINGAPORE 7 3.2.3 Compliance processes should be implemented to verify that IT security standards and procedures are enforced. Follow-up processes should be

  Management, Technology, Risks, Procedures, Technology risk management